Procurement 2020 will look a little different with new skills, knowledge and tools to address entirely new challenges. Procurement has seen rapid change in a relatively short span, the value creation of this function has increased multi fold becoming more strategic, collaborative and technology driven. This momentum is expected to continue and quicken in the…

Disruption, innovation, transformation, change – the watchwords of modern business. But how do these apply to Finance and Procurement? What are the trends that are likely to shape your role? And how do you prepare to adapt to the opportunities that these bring? Barely a day goes by when the headlines aren’t doom-mongering about “the…

How much can you learn about negotiation by sitting on the couch watching movies? Plenty. Want to become a better negotiator? You could diligently read up on the subject or attend some negotiation training courses, but for the couch potatoes amongst us, you might just learn more by watching some of your favourite films. Negotiation…

Process efficiency is good. In fact, it’s one of the most frequently cited objectives for the procurement profession. But it can’t have a real impact unless we understand the bigger picture… As we expand the impact of procurement beyond savings, one of the most frequently cited objectives is process efficiency. In theory, if procurement can…

What are chat-bots? What can they do? Are they soon to replace all procurement functions?! Software Robots (called Bots/Bot) are dramatically disrupting procurement processes involving human interface. They will have a high appeal on the transactional and digital side of procurement processes and will gain growth in the coming years with cognitive and machine learning tools….

Don’t dismiss the importance of supply chain sustainability! Learn from the mistakes of others and count yourself out of the race to the bottom! A short-sighted focus on cutting costs and speeding products to market is resulting in a race to the bottom that will cost companies more in the long-run. Top performers in sustainable…

If you can’t take the heat get out of the resolution room! Or invite Watson! We’ve all been there. Something’s gone terribly wrong with a major customer delivery. Emails are flying around and there are rumours from HQ that “heads are going to roll”. Everyone concerned has been summoned to “THE meeting” in order to…